The European Commission is currently working on a delegated act, under Art. 456(1)(j) CRR, implementing a number of amendments to the leverage ratio measure.
For the European cooperative banks it is essential that the amendments to the leverage ratio, to be implemented with the Commission delegated act under Art. 456(1)(j) CRR, provide for a more balanced specification of such measure. Finally, regarding the leverage ratio as a Pillar 1 requirement, EACB considers it crucial that the European decision making process is allowed to take its course without being prejudiced. Therefore, EACB holds it important that Member States refrain from taking any policy action implementing a national version of the leverage ratio during the calibration period.
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